TNXP spikes up 50% - $15K/mth from Stocks Challenge #220303
What stocks to buy?
- Buy DJIA and S&P500 stocks. undervalued PEG less than 1.5, uptrend above 200MA, when going down and about to bounce...
- https://finviz.com/screener.ashx?v=111&f=fa_peg_u2,idx_sp500,ta_perf_1wdown,ta_sma20_pb,ta_sma200_pa&ft=4
- Double confirm for UNDERvaluation here...
- https://simplywall.st/dashboard
- Buy if undervalued more than 30%.
- Experiment - Scroll through yahoo stock chart from 1 day to 15 min interval to forecast supertrend signal.
👉 AXP. 27.7% undervalued. Supertrend is not ready. Still going down. That's what the Rookie Trader analysed.
Which stock to sell? ...or stop loss.
- Check for OVERvaluation here...
- https://simplywall.st/dashboard
- Sell when overvalued.
👉 TNXP spikes in pre-market. Sell?
Until tomorrow.
May the markets be with you!
~ The Rookie Trader
PS: I would like to thank the following...
- For the charts... https://finance.yahoo.com/
- For all in one... https://j.moomoo.com/00gxKc
- For the scanner... https://finviz.com/
- For the valuation... https://simplywall.st/
- For the course... https://www.swing-trade-stocks.com/
Note to self:
- Late April to early May - Buy on dip
- May - Sell and go away
- August - Strong month,
- September - Bad month for stocks.
- November - Reinvest
- Sell immediately if price spikes on news.
- Remove emotion from the equation.
- War news. Buy stocks in oil, gold, and weapon industries. They go up while the rest go down.
- How to recover from stock market losses? How to recover my money lost? How to win my trading losses back? The best way to recover after losing money in the stock market is to invest again.
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Find my CapitaLand stocks. Record new stocks properly. Consolidate old stocks. Sell old stocks beyond a certain age. Keep only 20 manageable stocks.
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Stocks to watch...
When can I buy Meta? Undervalued by 50%.
When can I buy NVDA? Overvalued by 25%.
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